Coca-Cola Life: Integrated Marketing Communication Plan (6 Months)

Verified

Added on  2021/06/16

|20
|1560
|119
Project
AI Summary
This project presents a 6-month Integrated Marketing Communication (IMC) plan designed to enhance brand awareness and market penetration for Coca-Cola Life. The plan addresses current marketing challenges, focusing on improving brand recall and consumer perception of Coca-Cola Life as a healthy beverage option. The IMC strategy includes defining marketing goals and objectives, identifying target audiences (students, millennials, professionals, health enthusiasts, gym-goers, and moms), and crafting a redesigned marketing message emphasizing refreshment and rejuvenation. The marketing communication mix incorporates both online (social media, mobile advertising, email marketing) and offline channels (event-based advertising, television, and newspaper advertisements). The budget allocation favors online channels. Finally, the project outlines evaluation methods to measure the campaign's effectiveness, including brand recall surveys, sales uplift analysis, and brand awareness assessments through surveys, website traffic, search volume data, and social listening. The plan concludes with recommendations for budget allocation and strategic implementation to ensure the success of the IMC campaign. This assignment is available on Desklib, a platform providing AI-based study tools for students.
Document Page
6 MONTHS
IMC PROGRAM
FOR COCA-
COLA
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Background
Coca-Cola is a established player in beverage industry
Recently company has launched a new brand: Coca-Cola Life
Coca-Cola Life is a drink with low calories (Hamzah & Sutanto, 2016)
The drink does not contain sugar
With this product, Coca-Cola wants to position itself as a option for healthy drinks also (Kuo &
Feng, 2013)
Coca-Cola life is a different product that other products in the portfolio of Coca-Cola as it is a
healthy drink
Document Page
Introduction
The new drink, ‘Coca-Cola Life’ is not able to penetrate deep in the market as marketing is
weak
The brand needs a strong marketing plan (Shaomian & Heere, 2015)
Objective of Coca-Cola Life is to increase awareness & consideration, followed by
conversions
The drink, Coca-Cola Life should be at top of the mind of consumers when they any beverage
KPI: Brand Recall (Samaha, et al., 2014)
Document Page
Current Problems
Lack of
marketing
activities
Low Brand
Recall
Low brand
awareness
Limited
penetratio
n of drink
Coca-Cola wants to focus on entire marketing funnel from
awareness to conversion as it has problems across
different areas for marketing funnel
The awareness is limited as people associated Coca-Cola
only with carbonated drinks that are tasty but not healthy
The brand recall for Coca-Cola life is less as people tend to
forget about it
The company is not able to penetrate deep with its Coca-
Cola Life product
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
PART 1
Document Page
Marketing Communication Goals &
Objectives
The key marketing communication goals & objectives for Coca-Cola life
can be discussed as:
Improve brand awareness with marketing
Use social media platforms to increase brand awareness about Coca-Cola Life
Use marketing budget to increase market penetration
With the use of IMC improve customer satisfaction
Improve Brand Recall (Hanushek, et al., 2015)
Document Page
REDESIGNED
MESSAGE KEY
Coca-Cola helps
you to feel refresh
& have a healthy
option with Coca-
Cola Life to feel
refresh and
rejuvenate
This message would help Coca-
Cola Life to improve Brand recall
as it focuses on the key
positioning of Coca-Cola
through REFRESH
Here the focus is on effective positioning of Coca-Cola
Life through key message or keywords: Refresh &
Rejuvenate
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Target audience
The Key target audiences for Coca-Cola life are people who like healthy drinks (García
Peñalvo, 2015).
This segment is available across different age groups
The key variables of target audience for Coca-Cola Life would be:
Income: Mid income & High Income
Demographic: Male & Female, 18 to 55 years
With this segmentation variables, Coca-Cola would be able to have a target audience that it
can target with advertisements
Document Page
Key Audience Personas for Coca-
Cola Life
Students
Millennials Business Professionals
Health Enthusiasts
Gym Goers
Moms
The above audience personas or audience segments are based on the targeted audience defined in the
previous slide
With these audience segments, Coca-Cola can also have different messaging for different audience groups.
For example:
Moms: Project as healthy drink
Gym Goers: Project as refreshing drink
Students: Focus on price points
Document Page
PART 2
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Marketing Communication Mix
Marketing Communication Mix for Different
Channels
Online channels Offline channels
Social Media platforms
(Facebook & Twitter)
Print (Newspaper)
Mobile Advertisement Television
Email marketing Events based
Advertisement
Online channels would
get 60% of the total
budget (Solomon, et al.,
2014)
Offline channels would
get 40% of the total
budget
The marketing communication mix for Coca-Cola life
would consists of both online and offline channels.
The combination of offline and online channels would
ensure that Coca-Cola does not miss on any audience
groups. For example, Moms would have heavy usage
of offline channels and university students or
millennials would have heavy usage of social media
channels.
Therefore, it make sense for Coca-Cola to have
combination of online and offline channels.
Document Page
Budget Considerations: Online
channels
Marketing Communication
Mix for Different Channels
Online channels Budget: $30,000
Social Media
platforms
(Facebook &
Twitter)
$15,000
Mobile
Advertisement
$10,000
Email marketing $5,000
There would be three key online channels: Social Media
Platforms, Mobile advertising & Email marketing
Social media is the best way to reach out to consumers as
people are always active on social media platforms
With mobile advertisement, Coca-Cola can reach
consumers with customized advertising
Email marketing for Coca-Cola Life would focus on
establishing the message that Coca-Cola is best brand
among beverages
chevron_up_icon
1 out of 20
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]